Consumer Price Index (CPI) data from December 2023 to December 2024 showed that the cost of motor vehicle insurance increased 11.3% nationwide, second only to the rising price of eggs. At the end of ...

The average American pays $2,671 per year for full coverage car insurance — up $25 a month since October, according to Bankrate. But with insurance rates climbing 12% from a year ago and tariffs ...